Kettler Management Selected Operate Monarch Luxury Apartment Community In Old Town Alexandria
Brand New Upscale Apartment Community Added to the Company’s Property Management Portfolio
McLean, VA – January 28, 2008 – Kettler, one of greater Washington DC’s largest real estate development and property management companies, has been chosen to manage Monarch, a new urban apartment community located in Alexandria, VA.
The 168 unit mid-rise began leasing in January. Move-ins started in early 2008 and the building will be completed by March, 2008. Monarch, the newest multifamily building to be delivered in Old Town, features unique flats, penthouses and lofts as well as street-level retail including Starbucks, a salon and spa, restaurant and drycleaner.
Kettler has a dedicated staff which provides predevelopment services to luxury multifamily developers such as Diamond Properties, the owners of Monarch. Kettler Management has now transitioned the asset to the highly-experienced property management team who will oversee leasing and marketing. Kettler will also be responsible for preventative maintenance and building repairs as well as operations and owner communication.
“Kettler Management has a first rate staff that excels at new property lease ups; especially at a building like Monarch with an excellent location convenient to transportation and one that has great resident amenities.” said Cindy Clare, President of Kettler Management.
Monarch is the size of a full city block, bordered by North Henry Street, Oronoco Street, Pendleton Street and North Fayette Street in Old Town, Alexandria. The community is three blocks away from the Braddock Road metro station and four blocks north of King Street. Residents have easy access to Pentagon City and Crystal City via the George Washington Parkway.
To promote resident interaction, the club room includes billiards and a demonstration kitchen. Residents also have access to a full-service sports and fitness club and amazing views of the Washington Monument and Potomac River from the rooftop garden.
Services at Monarch include 24-hour concierge by VIPdesk, garage parking, personal training and fitness classes. Residents will enjoy unique floor plans, many with private patios and balconies overlooking the charming city of Alexandria. Residents may choose from a variety of interior styles, many with upgraded features such as stainless steel appliances, Kohler fixtures and granite countertops.
The exteriors, which feature unique brick elevations, have an urban flair with distinctive character that is bold, yet blends with the surrounding charm of Old Town. Modern artwork is displayed throughout the buildings and courtyard. Sabine Dissaux, a New York based interior designer who specializes in boutique residential design, oversaw the interior décor of this high-end community and selected a distinctive color palette and design that speaks to this vibrant location.
Kettler Management has over 10,000 apartment homes in its rental portfolio throughout Virginia, Maryland and DC.
About Kettler
Founded by Robert C. Kettler in 1977, Kettler is among the largest private real estate and property management companies based in the DC metro area and one of the nation’s top 20 multifamily developers. The firm has delivered five million square feet of commercial space and over 50,000 homes in its master-planned communities. Kettler’s diversified rental portfolio included luxury, market rate, affordable and fee managed assets. Currently, Kettler is developing commercial, resort and transit-oriented mixed-use projects.
